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Question 115 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question No. 115- Chapter No.4 - T.S. Grewal +2 Book Part B

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Question 115 Chapter 4 of +2-B

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Operating Ratio

115. Calculate Cost of Revenue from Operations from the following
information: Revenue from Operations Rs. 12,00,000; Operating Ratio 75%; Operating Expenses Rs. 1,00,000.

 

The solution of Question 115 Chapter 4 of +2-B: –

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Net Sales=Rs. 12,00,000
Operating Ratio=75%
Operating Expense=Rs. 1,00,000

 

Operating Ratio=Operating CostX100
Net Sales
75%=Operating CostX100
Rs. 12,00,000
Operating Cost=Rs. 12,00,000
75%
 =Rs. 9,00,000

 

Operating Cost=Cost of Revenue from Operations + Operating Expenses
Rs. 9,00,000=Cost of Revenue from Operations + Rs. 9,00,000
Cost of Revenue from Operations=Rs. 9,00,000 – Rs. 1,00,000
 =Rs. 8,00,000

 

Balance Sheet: Meaning, Format & Examples

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Comment if you have any question.

Also, Check out the solved question of previous Chapters: –

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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